We work with Tatjana and her team for more than 5 years. All these time we were getting invaluable advices and support that saved us a lot of money.
Anthony (Global Tronic SIA)
We rely on Business Latvia in general accounting and payroll support. Management reporting for Head Office and local office helps to manage company better.
Ingrida (Termopalas LV)
We are truly satisfied with the help Business Latvia Accounting and Legal team did for us, when we launched the business in Latvia.
John Payne (TCI Group)
5 THINGS WE KNOW TO BE TRUE
#1 Healthy accounting aid brings more value than fee you pay
Zillions of entrepreneurs perceive accounting company services as vital evil. Usually, they focus only on the lowest rate and do not even experiment to use accounting aptitudes for their business installation Good accountant will not only make all mandatory reporting requirements, but also will present a request in clear and understandable technology about company positions, future perspectives and risks. He will catch and indicate areas where decisions are mandatory and will provide client with possible solutions. Such anticipate is really working and aid clients to earn more.
#2 Small business desires universal aid
Big businesses have their own teams of accountants, lawyers and are able to turn to the best tax advisors and other professionals for support Small business owners are limited with available funds and contacts. We do believe that accounting firms should resolve most of accounting, legal and tax headaches for small business. If it is not the case, what is the point to have accounting firm, you can hire individual accountant or even accounting student.
#3 Business manager should understand accounting basics
Accountant will technique the documents, prepare and submit reports. He will also provide a solicitation about company overall financial install and indicates the areas where business decisions to be made. However, business manager should make final word and take responsibility. However, this is not possible if business manager does not understand the basics. We strongly believe that accountant by no way should be the one who makes decisions on behalf of business manager. If this is the case, there is no future in this business.
#4 Payment of taxes can bring well being
Payment of taxes is a norm in modern world; all discussions about how these taxes are later used by government are speculations and can't justify not payment of taxes. However, business managers are free to select optimal taxation regime for the to start of their business and substitute it to a more favorable, once it is interesting to them. All these, require proper search programming and vigilance of legislation substitutions however, doing so, you make sure there is no overpayment of taxes and total amount is fair.
#5 One can negotiate with State Revenue Patch up
We have a tax audit in one of our clients at least once per quarter, so we accumulated great qualification in working with our State Revenue Fix During all these books we noticed that many headaches could be avoided, if you approach State Revenue Fix in a professional technology Sometimes politeness, history of kept promises, availability and answering of all the questions in a сconfident way can save you more money than hiding and recruitment of best lawyers to defend you interests Everybody should do their job properly, so helping SRS to address their the embarrassment will open you road to easier find compromise on questions that are required for you.
5 THINGS WE KNOW TO BE TRUE
#1 Healthy accounting support brings more value than valuation you pay
Masses of entrepreneurs perceive accounting company services as necessary evil. Usually, they focus only on the lowest valuation and do not even attempt to use accounting expertise for their business development Healthy accountant will not only make all imperative reporting requirements, but also will present a solicitation in clear and understandable technology about company positions, future perspectives and risks. He will catch and indicate areas where decisions are needed and will provide client with possible solutions. Such approach is really working and aid clients to earn more.
#2 Small business needs universal help
Big businesses have their own teams of accountants, lawyers and are able to turn to the best tax advisors and other professionals for support Small business owners are limited with available funds and contacts. We do believe that accounting firms should resolve most of accounting, legal and tax problems for small business. If it is not the case, what is the point to have accounting firm, you can hire individual accountant or even accounting student.
#3 Business manager should understand accounting basics
Accountant will the manner the documents, prepare and submit reports. He will also provide a request about company overall financial put in position and indicates the areas where business decisions to be made. However, business manager should make final word and take responsibility. However, this is not possible if business manager does not understand the basics. We strongly believe that accountant by no technology should be the one who makes decisions on behalf of business manager. If this is the case, there is no future in this business.
#4 Payment of taxes can bring well being
Payment of taxes is a norm in current world; all discussions about how these taxes are later used by government are speculations and can not justify not payment of taxes. However, business managers are free to choose optimal taxation regime for the to attack of their business and alter it to a more favorable, once it is advantageous to them. All these, demand proper search programming and vigilance of legislation substitutions however, doing so, you make sure there is no overpayment of taxes and total amount is fair.
#5 One can negotiate with State Revenue Fix
We have a tax examination in one of our clients at least once per quarter, so we accumulated great skill in working with our State Revenue Fix During all these books we noticed that loads of headaches could be avoided, if you apprehend State Revenue Patch up in a professional way Sometimes politeness, history of kept promises, availability and answering of all the questions in a сconfident way can save you more money than hiding and recruitment of best lawyers to defend you interests Everybody should do their job properly, so helping SRS to address their inconveniences will open you road to easier find compromise on questions that are needed for you.
